Baldwin & Lyons CEO Jeremy Edgecliffe-Johnson's 2020 pay slips 13% to $2.2M
Baldwin & Lyons reports 2020 executive compensation
By ExecPay News
Published: April 6, 2021
Baldwin & Lyons reported fiscal year 2020 executive compensation information on April 6, 2021.
In 2020, five executives at Baldwin & Lyons received on average a compensation package of $974K, a 14% increase compared to previous year.
Average pay of disclosed executives at Baldwin & Lyons
Jeremy D. Edgecliffe-Johnson, Chief Executive Officer, received $2.2M in total, which decreased by 13% compared to 2019. 40% of Edgecliffe-Johnson's compensation, or $880K, was in stock awards. Edgecliffe-Johnson also received $696K in non-equity incentive plan, $600K in salary, as well as $23K in other compensation.
For fiscal year 2020, the median employee pay was $64,153 at Baldwin & Lyons. Therefore, the ratio of Jeremy D. Edgecliffe-Johnson's pay to the median employee pay was 34 to one.
Bahr D. Omidfar, Chief Information Officer, received a compensation package of $714K, which increased by 11% compared to previous year. 56% of the compensation package, or $400K, was in salary.
John R. Barnett, Chief Financial Officer, earned $687K in 2020, a 13% increase compared to previous year.
Jeremy F. Goldstein, Executive Vice President, received $655K in 2020, which decreases by 10% compared to 2019.
Patrick S. Schmiedt, Chief Underwriting Officer, earned $616K in 2020, a 9% decrease compared to previous year.
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Source: SEC filing on April 6, 2021.